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Showing 31 - 40 of 282 results for "Reliance"

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... budgetary pressures and monitored by an independent fiscal institution. Tax reform will be necessary to reduce Australia's reliance on taxing personal incomes, which leaves public finances vulnerable to an ageing population," the OECD said. It said the ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... engagement, and [this was] the key concern across a number of trustees," Ellis said. She said several trustees had an over reliance on external parties, including fund managers and asset consultants in their revaluations. Meanwhile, super funds with ...

Modern slavery obligations fall by the wayside: ACSI

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
... slavery risks. ACSI chief executive Louise Davidson said given that modern slavery is a global issue, Australia's reliance on imported goods is a particular risk for Australian companies. "While many companies have strong governance of these issues ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... client SOAs is "confusing, and a matter of great concern", he said. Of particular concern in this section in the letter: "Reliance on attestations by financial advisers or advice licensees that services have been provided has limitations due to the potential ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
... moving to 12%. It's a significant shift which will underpin Australia's fiscal sustainability by diminishing the reliance on the age pension," McCrea said. Last week, ASFA analysis showed businesses can afford to pay the increase of the Superannuation ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... also supports International Swaps and Derivatives Association (ISDA) spread adjustments in cash products. "Continued reliance on LIBOR poses significant risks and disruptions to the stability and integrity of the financial system. Firms themselves may ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
... China's also reportedly increasing domestic iron ore exploration efforts and seeking other overseas suppliers to reduce its reliance and punish Australia. But hey, as Reuters points out, "imports by the rest of the world are rising, with ex-China ...

Pandemic boosts financial sector's engagement

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... experienced between one or two more major workplace changes in the last year. One noticeable change is the increased reliance on technology, the report read. Many also saw their work hours change - some increased while others decreased. The fact that ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... indications are that negative repercussions - particularly, on the labour market-would be limited. This is because workers' reliance on the subsidy has already been declining. The Australian Taxation Office (ATO) reported that the number of employees ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... maintenance of certain accounts when ANZ Bank alerted him to money laundering risks. The report found this "misplaced reliance" on Barton was not a flaw on Coonan's part. Coonan announced at the AFCA annual general meeting in November that she would ...